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NEW YORK, Oct 1- U.S. stocks were down more than 1 percent in late afternoon trading on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors and pressured shares of airlines and other transportation names.

NEW YORK-- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:. MetroPCS Communications Inc., up $2.05 at $13.57. Deutsche Telekom AG, parent company of cellphone carrier T-Mobile USA, said it is in talks to buy smaller rival MetroPCS.

The Dow and S&P 500 turned negative while the Nasdaq cut its gains in late morning on Tuesday, with materials and energy shares leading declines on the S&P. **ARQULE INC $2.21 down 55.5 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **FORD MOTOR CO, $9.78, down 1.6 pct.

ATLANTA-- Acuity Brands' fiscal fourth-quarter net income fell 3 percent, pulled down by a charge and expenses related to a plant closing. The lighting maker, which sells lights under brands including Holophane, Gotham and Synergy Lighting Controls, earned $33.3 million, or 78 cents per share, for the three months ended Aug. 31.

Oct 2- Lighting fixture maker Acuity Brands Inc's. Net income fell to $33.3 million, or 78 cents per share, from $34.2 million, or 79 cents per share, a year earlier. Shares of the Atlanta, Georgia- based company touched a low of $58.57 in early trading on the New York Stock Exchange.